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Evaluating Borrower Assets

A thorough evaluation of the borrowers’ assets is critical for making an informed decision and determining: Have the borrowers demonstrated an ability to save? Do they have assets sufficient to close the loan and satisfy reserve requirements?

Who should attend:

Processors, underwriters, loan originators

Learning objectives:

  • Different types of assets
  • Documentation requirements
  • Funds required for closing and for reserves

Approx. length:

Classroom – 60 to 90 minutes
Virtual – 60 minutes

Interested in this training opportunity?

Get in touch with your MGIC representative or complete our specialized training kickstarter form to get the ball rolling.

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